IMF warns US to make a ‘down payment’ on deficit

The US should make a ‘down payment’ this year on tackling its budget deficit, the International Monetary Fund has warned, as it emerged that the world’s biggest bond investor is shorting the country’s bonds.

Richard Blackden Telegraph [UK] 13 Apr 2011

America will rack up a budget deficit of 10.8pc of gross domestic product this […]

Divesting in America: PIMCO Dumps U.S. Treasury Bonds from Portfolio

15 March 2011

CAJ note: Last week we published the PIMCO information in our post, “It will never be any easier or cheaper to fix this problem than it is right now…”

PJTV Front Page with Allen Barton 3/14/2011

PIMCO [Pacific Investment Management Co.] is the world’s largest bond fund. PIMCO’s Bill Gross recently announced […]

Schiff Report: Bill Gross bailout, Government Motors IPO

Peter Schiff 8/18/2010

Peter Schiff is a well-known commentator appearing regularly on CNBC, TechTicker and FoxNews. He is often referred to as “Doctor Doom” because of his bearish outlook on the economy and the U.S. Dollar in particular. Peter was one of the first from within the professional investment field to call the housing […]

Categories